Arkansas Code Title 23, Subtitle 3, Chapter 64, Subchapter 2 - Licensing and Appointment

• § 23-64-201 - License Required to Solicit, Sell, Negotiate, Engage, Consult, or Adjust Insurance -- Grounds for License Suspension.
  (a) No insurance producer, insurer, insurance consultant, or adjuster shall permit any person not properly licensed under this chapter to solicit, sell, negotiate, engage,...
• § 23-64-202 - General Qualifications for Licensure -- Exemptions.
  (a) For the protection of the people of this state, the Insurance Commissioner shall not, at or before completion of application processing, issue, continue,...
• § 23-64-203 - Testing, Emergency Suspension, and Records.
  (a) The Insurance Commissioner shall prescribe the form and content of all examinations required by this chapter and shall include therein questions calculated to...
• § 23-64-204 - Application for an Insurance Consultant's License.
  (a) Application for an insurance consultant's license shall be made to the Insurance Commissioner by the applicant and be signed and sworn to by...
• § 23-64-205 - Written Examination.
  (a) Within a reasonable time and in a location to be determined by the Insurance Commissioner, after filing of application and payment of the...
• § 23-64-206 - [Repealed.]
• § 23-64-207 - Scope of Broker's License and Authority and Insurance Consultant's License.
  (a) The Insurance Commissioner shall not issue a broker's license limited to particular lines of insurance.(b) (1) A broker, as such, is not an...
• § 23-64-208 - [Repealed.]
• § 23-64-209 - Qualifications for Adjuster's License.
  (a) No person shall, in this state, act as or hold himself or herself out to be an adjuster unless then licensed therefor under...
• § 23-64-210 - Licensing of Adjuster and Insurance Consulting Partnerships, Limited Partnerships, Joint Ventures, Limited Liability Companies, and Corporations.
  (a) (1) (A) An adjusting or insurance consulting partnership, limited partnership, joint venture, limited liability company, or corporation may be licensed only as a...
• § 23-64-211 -- 23-64-213 - [Repealed.]
• § 23-64-214 - Issuance of License -- Form and Content of License.
  (a) The Insurance Commissioner shall promptly issue adjuster or insurance consultant's licenses applied for to persons qualified therefor in accordance with this chapter.(b) The...
• § 23-64-215 - Continuance of License.
  (a) Unless the license of an insurance adjuster or an insurance consultant is not renewed, expires, is suspended, is revoked, or is terminated, the...
• § 23-64-216 - Suspension or Revocation.
  (a) The Insurance Commissioner may suspend for up to thirty-six (36) months, may revoke or refuse to continue, or may place in probationary status...
• § 23-64-217 - Procedure Following Suspension or Revocation.
  (a) (1) Upon the suspension or revocation of a license, the Insurance Commissioner shall immediately notify the licensee of the suspension or revocation either...
• § 23-64-218 - Return of License to Insurance Commissioner.
  (a) (1) All licenses issued under this chapter, although issued and delivered to the licensee, shall at all times be the property of the...
• § 23-64-219 - Appointment of Agent -- Continuation or Termination of Appointment.
  (a) (1) (A) Each insurer appointing an agent in this state shall file with the Insurance Commissioner the initial appointment setting out the kinds...
• § 23-64-220 - Place of Business -- Maintenance of Records.
  (a) (1) Every resident agent or resident broker shall have and maintain in this state, or in a city or town in another state...
• § 23-64-221 - Vending Machines.
  (a) A licensed producer may solicit applications for and issue policies of personal travel and accident insurance by means of mechanical vending machines supervised...
• § 23-64-222 - [Repealed.]
• § 23-64-223 - Fiduciary Duties of Licensees.
  (a) All funds, fees, moneys, premiums, or return premiums received by a licensee in the capacity as a licensee shall be trust funds so...
• § 23-64-224 - Combination Agent and Broker License.
  (a) A licensed agent may be licensed as a broker and be a broker as to insurers for which he or she is not...
• § 23-64-225 - Excess or Rejected Business.
  A licensed agent authorized to sell life or accident and health insurance may place, from time to time, excess or rejected risks in any...
• § 23-64-226 - Termination Rights of Agents.
  Following termination of any agency appointment as to property, casualty, or surety insurance, subject to consent of the insurer and to the terms of...
• § 23-64-227 - Appointment of Insurance Commissioner As Agent for Service of Process.
  (a) Application for an acceptance of any nonresident license provided under this chapter shall thereby be deemed to constitute irrevocable appointment of the Insurance...
• § 23-64-228, 23-64-229 - [Transferred.]
• § 23-64-230 - Renewal of Policies After Agent's Termination.
  (a) (1) Any insurance company authorized to transact fire or casualty business in this state shall, upon termination of an agent's appointment by the...
• § 23-64-231 - Settlement With Terminated Producers Required.
  (a) All life and accident and health insurance companies doing business in the State of Arkansas, as a condition of doing business in this...
• § 23-64-232 - Premium Delinquencies -- Definitions.
  (a) For purposes of this section: (1) "Account current" or "account rendered" means any system of account reconciliation between two (2) or more insurance...
• § 23-64-233 - Limited License for Self-Service Storage Insurance.
  (a) As used in this section: (1) "Customer" means an individual or entity that obtains the use of a storage space from a self-service...

Last modified: November 15, 2016